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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
4.53%
↓ 78% below average
Average (9y)
20.99%
Historical baseline
Range
High:91.27%
Low:-14.41%
CAGR
-25.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.53% |
| 2023 | 13.08% |
| 2022 | -14.41% |
| 2021 | 18.95% |
| 2020 | 6.14% |
| 2019 | -3.08% |
| 2018 | 1.68% |
| 2017 | 91.27% |
| 2016 | 29.39% |
| 2015 | 62.36% |